Dash has begun trading in Africa thanks to the addition of trading pairs on AltCoinTrader.
The South Africa-based exchange recently added Dash to its short list of traded currencies. The list includes Bitcoin, Litecoin, Namecoin, Ripple, Ethereum, and Zcash. The addition will allow Dash to be bought and sold for the rand, expanding acquisition options in a historically underserved continent in the cryptocurrency world.
Exchange addition comes as global interest in Dash grows
The addition of Dash trading on AltCoinTrader comes amid a renewed surge of trading interest. Dash claims about $72 million 24-hour trading volume. This is currently more than the trading volume of Zcash and Monero combined, with Poloniex a major source of trading as usual.
Of particular note is a sudden spike of trading activity from Korea. Over the last 24 hours, trading of Dash for the Korean won on Bithumb has exceeded $30 million. This accounts for over 40% of all trading volume, and almost triples that of the second-highest source of trading volume, cryptocurrency exchange heavy hitter Poloniex.
Dash is at $1.5 billion and growing
Dash has experienced steady growth this year following an initial explosion. From February of this year to mid-March, the price grew from about $15 to $106. The price briefly corrected into the 60s and 70s range before passing $100 again two months later. Over the past month it has been on a consistent sharp upward trend, moving solidly past the $100 range to past $200 this week. Dash broke the $1 billion market cap mark late last month, and now has joined the $1.5 billion club.